LOS ANGELES FINANCIAL POWERS OF ATTORNEY

What is a Financial Powers of Attorney?

A power of attorney is a legal document that provides a named party authorization to act or represent on behalf of another. A power of attorney can be created to give such authority for a single event or for long term legal and/or financial matters. In your overall estate plan, this document is there to protect you prior to your passing. A power of attorney will ensure that your financial affairs remain in order in case you lose the mental capacity to care for such matters on your own. This document will name a trusted party to take care of all your financial and legal needs if you have diminished mental capacity due to an accident, stroke, coma, Alzheimer’s, dementia, or any other reason. It is important to create this document while still in good mental health as full mental capacity This means the authorizing party much be fully aware and mentally present in the eyes of the law to fully understand what rights they are transferring is required to execute this document.

It is essential for all adults, not just the elderly, to have a power of attorney in place because an unexpected illness or accident can happen at any age. Our Los Angeles estate planning attorneys are eager to learn how they can assist you with a Financial Powers of Attorney as needed.

We service all areas of California. For more information on how to set up a power to attorney to assure you have a plan in place, set up your free consultation with Wajda Law Group today.

DO YOU NEED AN ESTATE PLANNING ATTORNEY?

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We offer many financial services, let's determine together

WHAT IS RIGHT FOR YOU

ARE YOU READY TO TAKE CONTROL OF YOUR DEBT AND MOVE TOWARD FINANCIAL INDEPENDENCE?

CHAPTER 7 AND 13

Turning to the more common chapters of bankruptcy, Chapters 7 is by far the most common bankruptcy chapter. A Chapters 7, or “fresh start,” bankruptcy is appropriate for individuals in need of help because they cannot afford to pay back their debt.

Chapter 13 bankruptcy is the second most common chapter for individuals. Chapter 13 permits a debtor to repay his or her debts over a period of three to five years. Chapter 13 bankruptcy can also be used to save a vehicle or a home if a debtor has fallen behind on payments. In certain situations, a Chapter 13 bankruptcy can even eliminate the junior mortgages on a property.

Contact us and we will work with you to determine what is right for you.

ESTATE PLANNING ENSURES THAT YOU AND YOUR FAMILY ARE PROTECTED.

LET'S GET STARTED PREPARING FOR YOUR FUTURE

  • Wills
  • Living Trusts
  • Financial Powers of Attorney
  • Living Wills/Advanced Health Care Directive
  • Transfer Deeds and General Assignments

An essential step in protecting you and your family’s future is to create an all-encompassing estate plan. Here at Wajda Law Group, we have the knowledge and experience to create such protection for you. Although discussing an estate plan is something most people do not want to think about, proper protections are necessary in nearly all situations, and planning early can save you and your loved ones valuable time and money in the future.

IT MIGHT BE TIME FOR YOU TO GET HELP.

WHEN SHOULD YOU HIRE A FORECLOSURE ATTORNEY?

When it comes to foreclosure, hiring an attorney early in the process helps ensure that you have more options available to you than what might be available later in the foreclosure process. For example, the lawyer can help you work out a deal with the lender that will allow you to stay in the home, or, if necessary, fight the foreclosure in court. If you wait too long, however, it might be too late to stop the process.